Question

Department of purchase function in Integrated Materials management should be aware of the following, as operating role -
a. Current price trend analysis
b. Current trends in product material
c. Current trends in technology of material
d. All of the above

Answer 1

Answer:

among us u I will play a or he hehe hehe

Answer 2

They should be aware of d. All of the above

• Constructive supply chain management relies heavily on purchasing divisions.
• The department helps in identifying the current needs, managing the requisition process and sourcing fair pricing, and acting as controllers to ensure budget adherence.
• They should be able to -

1. Identify the requirements for goods, materials and services.
2. Identify and contact reliable suppliers.
3. Price negotiations in the industry.
4. Determination of product material and delivery terms.
5. Establishing order quantities after analysing the price trends.
6. Leveraging technology